Related Articles
Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating restated by analysts at Barclays in a note issued to investors on Monday, Marketbeat Ratings reports. They currently have a GBX 400 ($4.93) price objective on the stock. Barclays’s target price points to a potential upside of 21.18% from the stock’s current price.
A number of other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 702 ($8.65) price objective on shares of Royal Mail in a report on Thursday, April 21st. Liberum Capital downgraded Royal Mail to a “sell” rating and decreased their price objective for the company from GBX 470 ($5.79) to GBX 355 ($4.38) in a report on Wednesday, March 2nd. Berenberg Bank reissued a “buy” rating and issued a GBX 650 ($8.01) target price on shares of Royal Mail in a report on Monday, April 25th. Finally, Deutsche Bank Aktiengesellschaft downgraded Royal Mail to a “sell” rating and reduced their target price for the stock from GBX 680 ($8.38) to GBX 275 ($3.39) in a report on Tuesday, March 29th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 620.82 ($7.65).
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile. Take your trading to the next level with the Options Strategy Guide.
LON RMG opened at GBX 330.10 ($4.07) on Monday. The company has a current ratio of 1.31, a quick ratio of 1.28 and a debt-to-equity ratio of 43.81. The stock’s 50 day moving average is GBX 345.56 and its two-hundred day moving average is GBX 422.86. The company has a market capitalization of £3.16 billion and a price-to-earnings ratio of 3.79. Royal Mail has a 1-year low of GBX 316.10 ($3.90) and a 1-year high of GBX 613.80 ($7.57).
About Royal Mail (Get Rating)
Royal Mail plc, together with its subsidiaries, operates as a universal postal service provider in Italy, France, Spain, Germany, North America, Croatia, the Czech Republic, Hungary, Poland, Romania, Slovakia, Slovenia, Austria, Belgium, Denmark, Ireland, the Netherlands, and Portugal. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Royal Mail right now?
Before you consider Royal Mail, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Royal Mail wasn’t on the list.
While Royal Mail currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
Source link
